The Water based adhesive market, along with its applications, has witnessed an firm growth in the past few years. This is estimated to remain the same in the next five years, especially in the Asia-Pacific and Row regions. Leading manufacturers and their strategies to balance the current demand-supply issues and newer applications developments across the vertical industries are expected to be the key influencing factors in the market. The industry is expected to increase its emphasis on the use of different applications of water based adhesive that is expected to significantly drive its consumption in the next five years.

The market is experiencing high growth in the Asia-Pacific region, due to the rising manufacturing bases by global as well as newer domestic players and the industrial growth in the end-user industry. The large population demands, increased number of end-users, and improving infrastructure can be the important parameters for the growing consumption of water based adhesive. The rising demand from the major application industries such as Packaging, Automotive, and Construction applications are further expected to drive the demand in the next five years; mainly due to the amplified growth in the developing countries, such as China, India, Brazil, and South-East Asian region.

The superior end-user industry growth, amplified local manufacturing, and increased number of domestic players in vertical market segments, such as Packaging, Electrical & Electronics, Construction, in the Asia-Pacific region are the important drivers in terms of consumption of water based adhesive.

This study basically aims to estimate the global market for 2014 and project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global market. Various secondary sources, such as industry journals, directories, and other paid databases have been used to identify and collect information useful for this extensive commercial study of the water based adhesive market. Primary sources, experts from related industries and suppliers have been interviewed to obtain and verify critical information and to assess the prospects of water based adhesive.

The water based adhesive market is projected to account for 6.9 million tons market size in terms of volume by 2019, signifying a robust growth rate of 4.2% between 2014 and 2019.

The global market, along with its end products, has witnessed an intense growth in the past few years. This growth is estimated to continue in the next five years. High demand for water based adhesive from end-user industry from the emerging economies, such as China, India, South east Asian countries are the major drivers as per the current market dynamics. Also, such demand is backed by newer applications. The upcoming technological advancements, bio-raw material developments, and innovative techniques developed for the use of water based adhesive are expected to be the key influencing factors in the global market, with increased emphasis on the current cost and their applications.

The global water based adhesive market was estimated to be is $8.9 billion in 2013, and is projected to exceed $12 billion by 2019, expected to grow at a CAGR of 6.3% between 2014 and 2019.

Currently, Asia-Pacific is the largest consumer of water based adhesive. Among all the countries in this region, China and India are the important consumers of water based adhesive. China held the largest share in the regional consumption in terms of volume in 2013. The market size in terms of volume is comparatively low in the RoW, but growing economies in this region such as Brazil and Middle East Countries are projected to push the market in next five years.

The superior end-user industry growth, amplified local manufacturing, and increased number of domestic players in vertical market segments, such as Packaging, Automotive, Electrical & Electronics, Construction, in the Asia-Pacific region are the important drivers in terms of consumption of water based adhesive.

This report covers the water based adhesive market by key regions and important countries in each region. It also provides a detailed segmentation of the market on the basis of applications, along with its projection till 2019.

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